GOP's Sen. Graham: Fair to Put Raising Revenue on Table

A prominent Republican senator said "it's fair to ask my party to put revenue on the table" as part of the solution to avoid the looming automatic tax increases and across-the-board spending cuts known as the "fiscal cliff."

South Carolina's Lindsey Graham said Sunday that he is "willing to generate revenue" by steps such as capping tax deductions, which he says would most affect upper-income Americans. But he said he won't agree to higher taxes — a position shared by most Republicans in Congress.

A prominent Republican senator said "it's fair to ask my party to put revenue on the table" as part of the solution to avoid the looming automatic tax increases and across-the-board spending cuts known as the fiscal cliff.